Endiya Partners, an early-stage VC firm, has achieved nearly a 1X DPI return on its Fund 1 in just eight years, it said in a statement.
The investment firm termed this impressive return as a new benchmark in the venture capital landscape.
It has significant ownership remains in unicorns like Darwinbox and Kissht, and high-growth companies like SigTuple, the company said in a statement.
The firm further added that despite cautiousness in 2023 in the VC landscape, its Fund 2 portfolio has thrived. Companies like Zluri, Scrut Automation, SugarFit, EyeStem, SigTuple, Myelin, AquaExchange, and Grip Invest secured substantial follow-on rounds.
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"Our close to 1X DPI return on Fund 1 isn't a stroke of luck," says Sateesh Andra, Founding Partner at Endiya Partners. "It's the result of three key pillars: first, our sharp focus on high-growth thematic sectors like Enterprise (AI-powered SaaS, Data, Security), Digital Industry, and Healthcare."
Endiya Partners is an early-stage venture capital firm with a proven track record of investing in scalable product start-ups. With a deep understanding of their domain and vast experience in entrepreneurship and operations, the Endiya team plays a major role in developing scalable businesses.
Last year has been challenging due to low investments in the start-up ecosystem. According to the Q4’23 edition of the KPMG Private Enterprise Venture Pulse report global venture capital investments dipped from $531.4 billion across 51,894 deals in 2022 to $344 billion across 37,808 deals in 2023.